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A developer on Wednesday unveiled detailed plans for a $50 million office complex that would include a 570-space underground parking garage and could attract more than 700 mostly white-collar office workers to downtown Allentown.

One City Center, to be built by J.B. Reilly on a Seventh Street parking lot south of the Soldiers and Sailors Monument, is billed as the first phase of a plan that will bring thousands of new workers and hundreds of new upscale homes and apartments into Allentown’s struggling downtown.

City officials hope it will be followed by a parade of development piggy-backing on a 130-acre Neighborhood Improvement Zone created to finance the downtown hockey arena.